76
76
Dec 6, 2012
12/12
by
MSNBC
tv
eye 76
favorite 0
quote 0
. >> including president obama actually making his appeal to business leaders on his tax plan. he's now reaching out following a very tough election campaign. >> and overseas, protests get violent in egypt where the once stable nation appears to be on the verge of crisis. first, let's get to the news live at 5:30 here at 30 rock in new york city. we begin with 25 days to go until the year end fiscal cliff deadline for the first time in days president obama and speaker boehner spoke on the phone yesterday. both men agreeing not to publicly characterize how the conversation went. but the stalemate in negotiations entered bold new territory yesterday with treasury secretary tim geithner suggesting the white house is ready to go off the cliff if republicans refuse to raise taxes on the top 2%. >> if republicans do not agree to that, is the administration prepared to go over the fiscal cliff? >> absolutely. again, there's no prospect to an agreement that doesn't involve those rates going up on the top 2% of the wealthiest members. only 2%. the size of the problem in some sense is so
. >> including president obama actually making his appeal to business leaders on his tax plan. he's now reaching out following a very tough election campaign. >> and overseas, protests get violent in egypt where the once stable nation appears to be on the verge of crisis. first, let's get to the news live at 5:30 here at 30 rock in new york city. we begin with 25 days to go until the year end fiscal cliff deadline for the first time in days president obama and speaker boehner spoke...
323
323
Dec 6, 2012
12/12
by
CNBC
tv
eye 323
favorite 0
quote 1
. >> john boehner and president obama speaking by phone, but no announcement of any upcoming face to face budget talks. earlier the president told the business round table that a deal to avoid the fiscal cliff could be reached quickly if republicans drop their opposition to raising tax rates on the wealthy. and in an interview on cnbc, timothy geithner says the gop is making a little bit of practice, but the white house is absolutely ready to go over the cliff if tax rates on the top 2% don't rise. >> our obligation is first do no harl. we need to lift that threat over the economy. and now as part of that, we'd like to put in place as i said a carefully designed mix of reforms to put our fiscal balance in the path of sustainability. as long as there is recognition by the other side that those rates will go up, we think we can reach an agreement on the set of reforms as i said that will be good for the economy. >> republicans were quick to hit back. orrin hatch called them stunning and irresponsible, but there may be more cracks in the ranks. "washington post" reports some moderate an
. >> john boehner and president obama speaking by phone, but no announcement of any upcoming face to face budget talks. earlier the president told the business round table that a deal to avoid the fiscal cliff could be reached quickly if republicans drop their opposition to raising tax rates on the wealthy. and in an interview on cnbc, timothy geithner says the gop is making a little bit of practice, but the white house is absolutely ready to go over the cliff if tax rates on the top 2%...
223
223
Dec 3, 2012
12/12
by
CNBC
tv
eye 223
favorite 0
quote 0
so this is obama 2.0. a much more engaged, a much more activist president. you series bringing a business community in, community leaders, small business, not for profit. he'll be much more engaged in this second term. >> morris, on this issue, are we just going to get something that just gets us through this period? because there are those who want to tie in a longer term debt strategy and solution. it seems if we do that, that will muddy the waters here short term. >> he what they need to do is c to an agreement on what they can agree on. the president said we should all be able to agree on this first 23 250,000 and then move to the next congress for something more comprehensive. there's never going to be a situation where you'll be able to swallow the whole pie. comprehensive tax reform is very hard and dealing with all the entitlements will be very hard. so i think the best thing to do is get something that gets us past the dead line and then come back to the table and get something more comprehensive done. >> when it comes down to it, are politicians, i
so this is obama 2.0. a much more engaged, a much more activist president. you series bringing a business community in, community leaders, small business, not for profit. he'll be much more engaged in this second term. >> morris, on this issue, are we just going to get something that just gets us through this period? because there are those who want to tie in a longer term debt strategy and solution. it seems if we do that, that will muddy the waters here short term. >> he what they...
151
151
Dec 5, 2012
12/12
by
CNBC
tv
eye 151
favorite 0
quote 0
today president obama will meet with members of the business round table. plus, on the economic calendar, the november adp report on employment is due at 8:15 eastern. u.s. equity futures at this hour are indicated higher. not much happened yesterday. it's wednesday, december 5th, 2012, and "squawk box" begins right now.
today president obama will meet with members of the business round table. plus, on the economic calendar, the november adp report on employment is due at 8:15 eastern. u.s. equity futures at this hour are indicated higher. not much happened yesterday. it's wednesday, december 5th, 2012, and "squawk box" begins right now.
255
255
Dec 3, 2012
12/12
by
CNNW
tv
eye 255
favorite 0
quote 0
president obama is taking this sort of outside strategy where as we saw him last week he goes outside of washington. he'll be giving remarks to the business roundtable this week, meeting with business leaders tomorrow. other stakeholders this week and he's trying to kind of put some pressure on congress and learn from a mistake that he made you might say during say the debt ceiling negotiations where you saw these meetings with congressional leaders but there really wasn't a whole lot of payoff and didn't make the president look particularly effective. an issue to be resolved is to tackle entitlement reform. you have the white house and republicans saying you need to put meat on the bones and going back and forth. listen to what republican senator bob corker said. >> i think the really discussions around the fiscal cliff haven't even begun to be serious yet and the reason they haven't is we have really not begun to talk about real entitlement reforms and the only way of a true avoidance and until the debate moves to that point there's really no serious debate taking place and i think,
president obama is taking this sort of outside strategy where as we saw him last week he goes outside of washington. he'll be giving remarks to the business roundtable this week, meeting with business leaders tomorrow. other stakeholders this week and he's trying to kind of put some pressure on congress and learn from a mistake that he made you might say during say the debt ceiling negotiations where you saw these meetings with congressional leaders but there really wasn't a whole lot of payoff...
122
122
Nov 29, 2012
11/12
by
CSPAN2
tv
eye 122
favorite 0
quote 0
forbes magazine declared canada as the best place on earth to do business. that is pretty good. let me get to the first question. some observers from canada who are having insight into your thinking have opined that in the last four years obama "at canada." "lost cananade." da." >what is the state of the relationship? >> i disagree. i said it is an important relationship as canadians with the united states. one of the best thing this country has it is neighborhood. i was talking to prime minister netanyahu. [indiscernible] we have the united states on one side. it is the best neighbor you can have. we are fortunate it is the responsibility of canada to have as good a relationship we can while protecting our relationship with the u.s. with president obama, we are embarking on an unprecedented exercise an effort at further integration and selling of the border. this is important for both countries. i not agreebama and i on everything. these countries a share so many in common -- an economy and larger value system. we share security needs and we share security threats. when you hav
forbes magazine declared canada as the best place on earth to do business. that is pretty good. let me get to the first question. some observers from canada who are having insight into your thinking have opined that in the last four years obama "at canada." "lost cananade." da." >what is the state of the relationship? >> i disagree. i said it is an important relationship as canadians with the united states. one of the best thing this country has it is...
103
103
Dec 5, 2012
12/12
by
CURRENT
tv
eye 103
favorite 0
quote 0
okay, you have president obama half million dollars. now you'll be given something for that legalized bribe you collected for. >> this has gone on forever especially with france and england, that these two appointments specifically are reserved for people who have been able to get together a lot of money. >> i'm imagining a world how much can we raise for a president that we want. we go to them, hey can i get ambassador position with you and what is it that we're doing right to help you out? i just imagine the world and how much it's influenced. >> cenk: what is 20 bucks get me? can i get ambassador. >> bill maher gave $1 million. bill maher should be the ambassador to, i don't know, anywhere. it's really a shock and that's it. i don't know. >> how terrified is that embassy staff right now. >> cenk: oh, yeah, yeah. by the way, bill maher raised as much as anna wintour. so it should be twice as important as england maybe china. >> cenk: or the ambassador to hbo, do we need a liaison between america and hbo, it's not television, it's hbo.
okay, you have president obama half million dollars. now you'll be given something for that legalized bribe you collected for. >> this has gone on forever especially with france and england, that these two appointments specifically are reserved for people who have been able to get together a lot of money. >> i'm imagining a world how much can we raise for a president that we want. we go to them, hey can i get ambassador position with you and what is it that we're doing right to help...
446
446
Dec 5, 2012
12/12
by
FOXNEWSW
tv
eye 446
favorite 0
quote 0
here i-94 to break them down for us is diane macedo from the fox business network. >> that's right. the irs is releasing the rules on how to implement the new taxes that will take effect in 2013 to help pay for the affordable care act. one of the main runs is 3.8 percent sir tax on the investment income. the first tax ever to be applied to capital gains and dividend income. it is a broad range of investment securities and those making thmore than 200,000 a ye and married couples making more than 250,000. they are set to pay a .9 percent healthcare tax on their wages. together the two taxes are supposed to raise 318 billion over ten years. over those years more and more people will be taking them because the income level triggered the taxes doesn't rise with inflation. any one planning to sell a house make more than 500,000 and those gains will also be taxed. they will release a new form for taxpayers to fill out. 1230 returns related to all of the new taxes. all of the rules make it harder for individuals to comply with the regulations. believe it or not experts say they still leave
here i-94 to break them down for us is diane macedo from the fox business network. >> that's right. the irs is releasing the rules on how to implement the new taxes that will take effect in 2013 to help pay for the affordable care act. one of the main runs is 3.8 percent sir tax on the investment income. the first tax ever to be applied to capital gains and dividend income. it is a broad range of investment securities and those making thmore than 200,000 a ye and married couples making...
153
153
Nov 29, 2012
11/12
by
CNBC
tv
eye 153
favorite 0
quote 0
agrees with blankfein saying he's confident the obama administration can reach a deal with congress to avoid the fiscal cliff. but speaking with reporters in bangkok, ford says the automaker is prepared for any outcome. and it seems there's been a bit of a panic among retail investors in the credit market amid pointing fears other the fiscal cliff. our next guest says that could create buying opportunities. he's brian reynolds, chief market strategist. brian, good morning or good night, i guess i should say, depending on whether you've been to bed yet. >> good morning, kelly. >> thanks very much to joining us. talk a little bit about what we've seen in the credit market as the fiscal cliff approaches. should the nervousness be actually a buying opportunity here? >> it is a buying opportun especially from the perspective of the large state pension plans that drive the majority of the activity in the credit market. we saw retail investors panic a little bit, they sold some of their junk bond etfs, premiums narrowed a little bit. but in general, the credit market hasn't flinched at all. w
agrees with blankfein saying he's confident the obama administration can reach a deal with congress to avoid the fiscal cliff. but speaking with reporters in bangkok, ford says the automaker is prepared for any outcome. and it seems there's been a bit of a panic among retail investors in the credit market amid pointing fears other the fiscal cliff. our next guest says that could create buying opportunities. he's brian reynolds, chief market strategist. brian, good morning or good night, i guess...
26
26
tv
eye 26
favorite 0
quote 0
practices and economic help in japan and president obama says he'd love to have a business leader for his economic team this term but he says it is just so hard to recruit why. the confirmation process has become so miserable so drawn out. now it may not get as much play but how does senate confirmation get in the way of properly policing the financial sector will have a reality check plus former senator alan simpson has been a guest on the show and he has a new message for millennia old. used to gramley your breakfast in your first world problems and giving on you tube show you can see gangnam style. we will talk more about what's behind the debt related directive in a loose change let's get to today's capital account. the company olympus if you're not familiar many are but it's the japanese manufacture of medical equipment and cameras like these. soldiers are closer they're getting. well maybe the former c.e.o. got a little too close but it was big news back in the spring of two thousand and eleven when michael would further westerner was made president of the company the first west
practices and economic help in japan and president obama says he'd love to have a business leader for his economic team this term but he says it is just so hard to recruit why. the confirmation process has become so miserable so drawn out. now it may not get as much play but how does senate confirmation get in the way of properly policing the financial sector will have a reality check plus former senator alan simpson has been a guest on the show and he has a new message for millennia old. used...
134
134
Dec 5, 2012
12/12
by
WETA
tv
eye 134
favorite 0
quote 0
president obama tries to win over top business leaders, warning republicans are holding the global economy hostage over the fiscal cliff.
president obama tries to win over top business leaders, warning republicans are holding the global economy hostage over the fiscal cliff.
260
260
tv
eye 260
favorite 0
quote 0
he met with business leaders in silicon valley. and talk about the power of an nation to create jobs. much of the interview is focused on the fiscal cliff. it also talked about topics vital to tech and business communities. and what more could be done to boost the economy. here is some of what he had to say. >> conversation was ceos, they teal me we're ready to fire. -- hire. but we want a little bit of certainty out there. and what is missing is not only a deal, on long term deficit reduction. what smising is steps we can be taking now. >> if you own shares of oracle, next check will be bigger than usual. ora cell will pay next three dividends at once. the software giant joins a lift of companies moving dividends forward into the year to avoid a phone shall tax hike in january. and shares of pandora falling after the company says the loss will be wider than forecast. it wasn't all bad news, pan doora said sales rose 60% and profits rose 187%. stocks were little changed after the president held his ground about raising taxes to the
he met with business leaders in silicon valley. and talk about the power of an nation to create jobs. much of the interview is focused on the fiscal cliff. it also talked about topics vital to tech and business communities. and what more could be done to boost the economy. here is some of what he had to say. >> conversation was ceos, they teal me we're ready to fire. -- hire. but we want a little bit of certainty out there. and what is missing is not only a deal, on long term deficit...
23
23
tv
eye 23
favorite 0
quote 0
president barack obama maybe a song yesterday telling bloomberg he would love to choose a business leader for his economic team but he said the hardest thing about getting talented executives to step up to the plate is that the senate confirmation process they have to go through is just so miserable. for successful folks to want to put themselves through that process. you know a lot of folks are just shying away you know you have to put your life on hold you may end up getting caught up in some partisan battle up on the hill that has nothing to do with your own qualifications. and indeed you may remember the embarrassing revelations that came out during timothy geithner's confirmation for treasury secretary when it came out he failed to pay some of his taxes and not only that this is what he said when he was asked if he'd use software to prepare his returns i did or you did ok which brings. only answer the questions are what i want to say these are my responsibility not to not to touch off your responsibility but i used. my returns. and got a lot of play we still remember it so well so hi
president barack obama maybe a song yesterday telling bloomberg he would love to choose a business leader for his economic team but he said the hardest thing about getting talented executives to step up to the plate is that the senate confirmation process they have to go through is just so miserable. for successful folks to want to put themselves through that process. you know a lot of folks are just shying away you know you have to put your life on hold you may end up getting caught up in some...
48
48
Nov 30, 2012
11/12
by
FBC
tv
eye 48
favorite 0
quote 0
i think that -- knows business, and i think that obama has a certain respect. obama is not a businessman. he is an idea log. i think by him doing something to reach out to mitt romney other than a turkey chili lunch, whatever. neil: they had cold cuts. >> and cold cuts. >> i'm thinking like salmon or something elegant, are you going to eat that. >> yeah, look at my office that you do not get, and how about a coil cut. neil: did you see that? like, looky there what do you think of the color scheme, not up to you. >> track records speak for themselves, mitt romney has a track record of great things. neil: look at, that. >> in oval offers. >> romney just within inches of the desk. >> when i worked for giuliani, romney was running, he has been running for a long time. neil: do you think he runs again. >> i do not. neil: who do the think? >> 2016 rubio, and chris christie, a lot of people that a lot of big donors begged to run. neil: tom you are running? >> not yet. >> talk to me. >> when he come back, we have a ton of twitter followers, count john mccain, as one of
i think that -- knows business, and i think that obama has a certain respect. obama is not a businessman. he is an idea log. i think by him doing something to reach out to mitt romney other than a turkey chili lunch, whatever. neil: they had cold cuts. >> and cold cuts. >> i'm thinking like salmon or something elegant, are you going to eat that. >> yeah, look at my office that you do not get, and how about a coil cut. neil: did you see that? like, looky there what do you think...
155
155
Dec 4, 2012
12/12
by
CNBC
tv
eye 155
favorite 0
quote 0
major retailers unexpected, but asking president obama for intervene. and it seems justin bieber may not know his banking history. the teen idol was asked to lead a ping-pong tournament and asked why does he get the room and not us, suggesting the pop star's unaware that jpmorgan actually deceased some time ago, a jpmorgan apologized for the confusion saying bieber is welcome to play ping-pong with us anytime. any way, on to japan. to japan now. qualcomm will be taking a stake in sharp. the story for us from tokyo. >> the deal will see the two uses sharp technology. sharp will receive $61 million from qualcomm by the end of this year which wou year, but the chip maker will also make additional investment the in the future if the partnership turns out to be successful p. the nikkei reporting the total amount of investment would be around $22 million which would give qualcomm a roughly 5% stake in sharp. sharp likely to post its second consecutive net loss for the year ending in march. it has lost three quarters of its market value this year due to massiv
major retailers unexpected, but asking president obama for intervene. and it seems justin bieber may not know his banking history. the teen idol was asked to lead a ping-pong tournament and asked why does he get the room and not us, suggesting the pop star's unaware that jpmorgan actually deceased some time ago, a jpmorgan apologized for the confusion saying bieber is welcome to play ping-pong with us anytime. any way, on to japan. to japan now. qualcomm will be taking a stake in sharp. the...
456
456
tv
eye 456
favorite 0
quote 0
and later today, president obama will speak to corporate executives at the business roundtable. and he'll try to enlist their help in his negotiations with congressional republicans. and his latest demand, that congress remove its own power as it stands right now, to raise the debt ceiling. it is a bold gambit that congressional republicans are already calling a non-starter. paul ryan stepped back into the spotlight late tuesday, with a feisty shot at the president. >> i congratulate him on his victory. but on january 20th, he'll face a stagnant economy and a fiscal mess. you might even say he'll inherit these problems. >> reporter: there's a lot of bah humbug in washington, d.c. these days. 'tis the season to be surly. the president told bloomberg television that without tax rates going up on the wealthiest americans, there will be no deal to avert going over the fiscal cliff. >> we're going to have to see the rates on the top 2% go up. and we're not going to be able to get a deal without it. >> reporter: house republicans are adamant, no tax rate increases. >> we're willing to
and later today, president obama will speak to corporate executives at the business roundtable. and he'll try to enlist their help in his negotiations with congressional republicans. and his latest demand, that congress remove its own power as it stands right now, to raise the debt ceiling. it is a bold gambit that congressional republicans are already calling a non-starter. paul ryan stepped back into the spotlight late tuesday, with a feisty shot at the president. >> i congratulate him...
132
132
Dec 1, 2012
12/12
by
FOXNEWSW
tv
eye 132
favorite 0
quote 0
pat buchanan wants the gop to stand firm with no new taxings. >> ditching the business tax for a national sales tax. it is spurring growth and putting people to work there. wayne would it work here? >> it is a sad day to think that we have to do something the communist china is doing . it worked very well and they have expand today to other provinces in china and it is working very, very well. yes. >> national sales tax does that work here, johnathon? >> it would. it is it fair and treats everyonely and easy to understand and more importantly taxes consumption and not production. the only thing i like about communist china is the chicken but the corporate next tax must go and think of how much more wealth and jobs we would have if it add more to the profits every year. >> julian, what do you make of >> the reason a national sales tax is good it is harder to cheat on and the reason it is it bad. economy growing at 2.4 percent. it would not stimulate the commempt i like the bus tax cutos the top two percent than the valuattedad tax. all of the economic data said if you let them expire you w
pat buchanan wants the gop to stand firm with no new taxings. >> ditching the business tax for a national sales tax. it is spurring growth and putting people to work there. wayne would it work here? >> it is a sad day to think that we have to do something the communist china is doing . it worked very well and they have expand today to other provinces in china and it is working very, very well. yes. >> national sales tax does that work here, johnathon? >> it would. it is...
202
202
Dec 5, 2012
12/12
by
CNBC
tv
eye 202
favorite 0
quote 0
president obama speaking to the business round table today, attending to the group's quarterly meeting of ceos. jim mcnerny says including meaningful and comprehensive tax and entitlement reforms. this is the number one story that we've been talking about every morning here since the election. fiscal cliff, big, big issue. there are now, it seems, growing numbers of people on both the right and the left who would like to see us just go over that fiscal cliff. how big of a problem would that be? >> that would be a big problem. i actually still believe that those -- the democrats, the administration, republicans in the final analysis don't want to see that happen. they do understand that not only would that present a problem in the near term as we went over the cliff at the end of the year, but we still then have the whole debt ceiling fight that would transpire shortly into the new year. the issue isn't simply the negative result of going over the cliff, but it's also that business, consumers, everybody continues to hold back on the uncertainty. and we believe the economy is pretty well
president obama speaking to the business round table today, attending to the group's quarterly meeting of ceos. jim mcnerny says including meaningful and comprehensive tax and entitlement reforms. this is the number one story that we've been talking about every morning here since the election. fiscal cliff, big, big issue. there are now, it seems, growing numbers of people on both the right and the left who would like to see us just go over that fiscal cliff. how big of a problem would that be?...
94
94
tv
eye 94
favorite 0
quote 0
. >>> president obama also told business leaders he will not play games with the fashion's debt ceiling. >>> a string of unseasonably mild days continues right now. a live look outside. and not too bad of a day. but not nearly as warm as the last few days we've seen. bob is in the first warning weather center with the updated forecast. bob? >> if you were asleep all day today, awake yesterday. and going out tonight. big change. because temperatures have been dropping. down to 49. now, it's down to freezing. 32 in oakland. that's coming our way. 48, ocean city. and we are running 11 degrees colder right now than we were yesterday at this time. in oakland, 22 degrees colder, as you see, out to the west. white a bit colder. and tomorrow will be a sunny, dry day. but it will be chilly. temperatures only in the 40s. probably only mid-40s tomorrow afternoon. it will be colder next day or so. but even milder air coming back for the weekend. >>> big business for baltimore. the national aquarium is one of the most popular tourist attractions downtown. and it's raking in money. wjz is live there
. >>> president obama also told business leaders he will not play games with the fashion's debt ceiling. >>> a string of unseasonably mild days continues right now. a live look outside. and not too bad of a day. but not nearly as warm as the last few days we've seen. bob is in the first warning weather center with the updated forecast. bob? >> if you were asleep all day today, awake yesterday. and going out tonight. big change. because temperatures have been dropping....
111
111
Dec 5, 2012
12/12
by
CNNW
tv
eye 111
favorite 0
quote 0
that's not business as usual. what barack obama's proposing is the same bloated bureaucratic government with the same bloated waste but with more tax money. that's what one economist called socialist austerity. the private sector gets weaker, poorer, has fewer jobs, but we prop up government with higher taxes. i think that's a bad deal for america. >> right. let's talk about speaker boehner, though, because he's obviously in your position, the one that you occupied, and there is a sense that he and barack obama just don't have much of a relationship. certainly nowhere near as warm and constructive as the one you ended up having with president clinton. >> first of all, we earned -- you have to ask president clinton this but i think it's a fair thing to say. we earned president clinton's respect in part by closing the government twice and being in a very rough and tumble fight. he came to believe we were serious. we were the first republican congress in 40 years but more importantly, we were the first re-elected rep
that's not business as usual. what barack obama's proposing is the same bloated bureaucratic government with the same bloated waste but with more tax money. that's what one economist called socialist austerity. the private sector gets weaker, poorer, has fewer jobs, but we prop up government with higher taxes. i think that's a bad deal for america. >> right. let's talk about speaker boehner, though, because he's obviously in your position, the one that you occupied, and there is a sense...
164
164
tv
eye 164
favorite 0
quote 0
i dn't know. >> president obama has done the slightly more thaothers. forty of his 59 ambassadorial appointments hbeen to top donors. that has toet arraigned in. melissa: and may have o stumbl on. i know. i was trying to make a joke. more politics. this time the future mayor of new york has beenencouraging hillary clinton to run for his fice in 2011. the maayor thinks the ig gamble with think she is a perfect fit. clinton said she is not interested in the job. first of all, is it a step up? endo mayor of new york is abig deal. >> they do say he tandard line is that the second most important difficult job in the country is the mayor f new york city. that may o may not be true. hillary clinton wod consider this. sp down. >> is too mall a stage for her she's been on the global stage. >> only one person will convince hillary clinton to go back into the public world. that is her husband, bill clinton. and i amnhe side that says i don't ev think she wants to do ch cells after secretary of state she has bee around for awhile, taken a lot of heat. i thiik that
i dn't know. >> president obama has done the slightly more thaothers. forty of his 59 ambassadorial appointments hbeen to top donors. that has toet arraigned in. melissa: and may have o stumbl on. i know. i was trying to make a joke. more politics. this time the future mayor of new york has beenencouraging hillary clinton to run for his fice in 2011. the maayor thinks the ig gamble with think she is a perfect fit. clinton said she is not interested in the job. first of all, is it a step...
147
147
Dec 4, 2012
12/12
by
KTVU
tv
eye 147
favorite 0
quote 0
in our cover story, house republicans' counter-offer in fiscal cliff negotiations with president obama takes away a white house argument that the republicans have no plan and puts medicare on the table for discussion. the republican counter-offer would raise $800 billion through tax reform and cut $600 billion from federal health programs, including raising medicare eligibility, another $600 billion cut from mandatory and discretionary spending, and factor inflation less in calculating social security benefits. "what we're putting forth is a credible plan that deserves serious consideration by the white house." in a three-page letter to the president calling democratic gains in the senate and mr. obama's victory a "status quo election," the republican proposal would raise half the amount as the president's plan and save $350 billion from medicare and medicaid. however, at the chicago fed, a gathering of 39 individuals from banking and manufacturing industries - including automakers and other sectors - say the economy is strong enough - barely - to withstand either party's direction. "t
in our cover story, house republicans' counter-offer in fiscal cliff negotiations with president obama takes away a white house argument that the republicans have no plan and puts medicare on the table for discussion. the republican counter-offer would raise $800 billion through tax reform and cut $600 billion from federal health programs, including raising medicare eligibility, another $600 billion cut from mandatory and discretionary spending, and factor inflation less in calculating social...
280
280
Dec 2, 2012
12/12
by
CNNW
tv
eye 280
favorite 0
quote 0
he cooked a barack obama doll in a jar of fake urine. not making it up. he was making a point about extreme art. what about respect for the presidency, stay classy, glen. >>> google had acquired a wi-fi provider named icoa for $400 million. the source, a press release. the story? a fabrication. icoa is investigating that hoax. the fake release was posted on pr web and some news outlets thought it was good enough to report without so much as phone call or e-mail to confirm it was the real deal. >>> the media over in the people's republic may be humor impaired. they ran a 55 page photo spread on kim jong-un chosen as sexiest guy alive. with his devastatingly handsome round face his boyish charm and his strong sturdy frame, this pie on yang bred hard throb is every woman's dream come true. >>> in the cynical media age, i was delighted to run into lawrence depreef oh, the police officer that didn't know a tourist was shooting a cell phone picture of him as he helped a homeless man in times square. he said he almost feels unworthy of the media attention since
he cooked a barack obama doll in a jar of fake urine. not making it up. he was making a point about extreme art. what about respect for the presidency, stay classy, glen. >>> google had acquired a wi-fi provider named icoa for $400 million. the source, a press release. the story? a fabrication. icoa is investigating that hoax. the fake release was posted on pr web and some news outlets thought it was good enough to report without so much as phone call or e-mail to confirm it was the...
98
98
tv
eye 98
favorite 0
quote 0
in a recent cartoon he draws a young barack obama at the blackboard. government. joining us, a pulitzer prize-winning editorial cartoonist. he is a two-time pulitzer prize-winning editorial cartoonist senior editor with investors business daily. great to have you with us. be appreciated so much. i loveyour cartoons, and i would nt to adjust, if wemay, go to a few more f them to get your remarks. i want to first it your idea of what you think of the fiscal cliff. you have tough find this to be rich father. >> absolutely. i always suggest, but the best tag riders in the world work for politicians. this white hse is giving me plenty of fodder forcurtains. and it is funny to think about these events, but a very traumatic and seious. they avoid the fiscal clff. we are talking about over $607 billion worth of money taken out of the economyext year. lou: i just want to put up the next cartoon that we have. it matters not which one you select. but this is one of my favorites. the debt commission saying it is verydifficult. is very complicated and then cut spending. i don'
in a recent cartoon he draws a young barack obama at the blackboard. government. joining us, a pulitzer prize-winning editorial cartoonist. he is a two-time pulitzer prize-winning editorial cartoonist senior editor with investors business daily. great to have you with us. be appreciated so much. i loveyour cartoons, and i would nt to adjust, if wemay, go to a few more f them to get your remarks. i want to first it your idea of what you think of the fiscal cliff. you have tough find this to be...
336
336
Dec 5, 2012
12/12
by
FOXNEWSW
tv
eye 336
favorite 0
quote 0
it is very bold and it would be a little bit of a transition period but president obama could have done it. i agree with congressman, it will be nice if people would talk about it, but with they're not even talk being entitlement reform. so they're not going to talk about taxes. >> brian: we're talk being you on "the five." i would not be surprised if some of those topics worked its way into the format. >> we missed you on "the five." we liked it when you were there to steer the conversation. >> brian: really? >> you're a very good leader. >> brian: thank you. you are a liar! >> steve: we'll be watching today. >> thanks. >> gretchen: coming up, leaks from inside the white house claim president obama is willing to take the nation over the fiscal cliff if he doesn't get his way with raising taxes on the rich. where does that leave republicans now with our entire economy potentially on the line? senator orrin hatch, known for reaching across the aisle joins us next. >> brian: then this brave auto zone employee saved his boss' life, taking down a violent gunman who tried to rob the store. t
it is very bold and it would be a little bit of a transition period but president obama could have done it. i agree with congressman, it will be nice if people would talk about it, but with they're not even talk being entitlement reform. so they're not going to talk about taxes. >> brian: we're talk being you on "the five." i would not be surprised if some of those topics worked its way into the format. >> we missed you on "the five." we liked it when you were...
158
158
Dec 6, 2012
12/12
by
CSPAN2
tv
eye 158
favorite 0
quote 0
there's a lot of people in business suits inc. we are poised to do some really good things in the global economy of the united states but if we can't untangle this mass, it's not going to happen. >> you more about the inner workings of our government than any living person. every single administration of our lifetime. you've been behind the scenes producing national security notes. >> what nonsense you are talking. >> are you now optimistic or pessimistic about the way the strong and finance minister posted questions? >> in the end, i think things will be fixed. the question is when and what price do you pay on the road to getting them fixed? you know, i don't think you govern by playing chicken. and i say that to democrats, republicans, the white house, the congress. they should sit down and really talk this out in the old joe biden way when he would do with mitch mcconnell just a couple years ago to extend the bush tax cut and the white house to call biden and will, whisperer. and the horse whisperer and one for you, one for me,
there's a lot of people in business suits inc. we are poised to do some really good things in the global economy of the united states but if we can't untangle this mass, it's not going to happen. >> you more about the inner workings of our government than any living person. every single administration of our lifetime. you've been behind the scenes producing national security notes. >> what nonsense you are talking. >> are you now optimistic or pessimistic about the way the...
149
149
Nov 30, 2012
11/12
by
CSPAN
tv
eye 149
favorite 0
quote 0
president obama wants to fall off the cliff. that's why he wants to go do that to the middle class and blame the republicans. host: caller, we'll leave it there. caller: be on the republican lines say, let them talk. guest: so it may be that this filibuster idea may have more support. democrats don't want to eliminate the filibuster. they want to keep it in place but just want to change the burden and move it to where there's one bite at the apple on a particular bit. so these changes are not earth shaking. one is your perspective on it, whether you're in the majority or minority. but the way you do it becomes an important part of this. that's why the implications here are fairly clear which -- fairly clear. if we end up seeing this happen by call it the nuclear option or defined as the constitutional option that it's perfectly constitutional to change the rules by a majority. but that means on issues from the budget to immigration to many of the other priorities we have, a farm bill that's not yet gone through, we could see ano
president obama wants to fall off the cliff. that's why he wants to go do that to the middle class and blame the republicans. host: caller, we'll leave it there. caller: be on the republican lines say, let them talk. guest: so it may be that this filibuster idea may have more support. democrats don't want to eliminate the filibuster. they want to keep it in place but just want to change the burden and move it to where there's one bite at the apple on a particular bit. so these changes are not...
210
210
Dec 2, 2012
12/12
by
FOXNEWSW
tv
eye 210
favorite 0
quote 0
business than mitt romney, but just before that second obama term begins, he's getting a dividend. mr. senegal and the rest of the costco board voted this week to give themselves a special dividend, a 3 billion dollar christmas gift for shareholders that will allow them to be taxed at the current rate of 15% rather than next year's rate of over 40%. and costco is just one of many companies making these one-time cash payouts in a move that will save stocks holders like senegal unless in dividend taxes. and so, mary, turns out maybe taxes do influence investor behavior. what's the meaning of the great cashout of 2012? >> well, don't tax you, don't tax me, tax the guy behind the tree. >> paul: russell long, former late senator. >> exactly. and what you see here are very wealthy people who can, you know, engineer ways to avoid taxes, meanwhile, what he's-- the medicine he's suggesting for people who are starting to do better, people who say, make $200,000, maybe working their whole life. they're the ones who are going to get hit with the obama taxes and really, i mean, you look at that
business than mitt romney, but just before that second obama term begins, he's getting a dividend. mr. senegal and the rest of the costco board voted this week to give themselves a special dividend, a 3 billion dollar christmas gift for shareholders that will allow them to be taxed at the current rate of 15% rather than next year's rate of over 40%. and costco is just one of many companies making these one-time cash payouts in a move that will save stocks holders like senegal unless in dividend...
126
126
tv
eye 126
favorite 0
quote 0
president obama called it a dangerous lesson when he talked to business leaders today. >> the only thing that debt ceiling is good for as a weapon is to destroy your credit rating. >> reporter: he's worried republicans may refuse to raise the debt ceiling and risk defaulting on the country's loan. >> that is a bad strategy for america. it's a bad strategy for your businesses. and it is not a game that i will play. >> reporter: republicans are pushing back. >> he's the president, not the emperor. he does not have the power. >> reporter: fiscal cliff negotiations have been at a standstill since monday. not by raising rates on the rich as the president had insisted. >> we're not insisting on rates just out of spite, but rather because we need to raise a certain amount of revenue. >> we can't just keep borrowing money, raising taxes and expecting the problem to go away. >> reporter: house members headed home for a long weekend with democrats so far unsuccessful in their efforts to force a vote on a bill that would extend tax cuts to 98% of americans. but house speaker john boehner said he's
president obama called it a dangerous lesson when he talked to business leaders today. >> the only thing that debt ceiling is good for as a weapon is to destroy your credit rating. >> reporter: he's worried republicans may refuse to raise the debt ceiling and risk defaulting on the country's loan. >> that is a bad strategy for america. it's a bad strategy for your businesses. and it is not a game that i will play. >> reporter: republicans are pushing back. >> he's...
210
210
Dec 6, 2012
12/12
by
CNBC
tv
eye 210
favorite 0
quote 0
president obama goes before business leaders and says "we could get this done in a week" when it comes to the fiscal cliff. but tim geithner just told cnbc that we're going to go over the cliff unless tax rates go up. at the same time, two dozen republican house members signed a bipartisan letter with democrats defecting from the boehner plan. in the meantime, a nice game for the day for the dow, but a stunning selloff for apple. do you know what? fiscal cliff or not, the s&p 500 is up 12% year to date. that is a handsome gain for investors, an optimistic year, believe it or not. and we already bailed out detroit's auto industry. but now, at least one motown politician is telling president obama he should bail out detroit bankrupt city government, too. this sure isn't the free market, and i asked why should a texas taxpayer bail out detroit? >>> breaking news from syria, and it is a blockbuster. the assad regime is walking and loading its chemical weapons, ready to use them on its own people. nbc's chief pentagon correspondent joins us now. jim, is this the red line president obama was
president obama goes before business leaders and says "we could get this done in a week" when it comes to the fiscal cliff. but tim geithner just told cnbc that we're going to go over the cliff unless tax rates go up. at the same time, two dozen republican house members signed a bipartisan letter with democrats defecting from the boehner plan. in the meantime, a nice game for the day for the dow, but a stunning selloff for apple. do you know what? fiscal cliff or not, the s&p 500...
170
170
Dec 5, 2012
12/12
by
CNBC
tv
eye 170
favorite 0
quote 0
take a listen. >> business owners with us today are here to highlight president obama's demand to raise tax rates instead of cutting spending. his plan will hurt nearly 1 million small businesses around our country. that will affect hundreds of thousands of jobs. >> reporter: and guys, there are republicans here on capitol hill who are urging the speaker to cut a deal with the president. i talked to one of the earliest republicans to say, you know what, let's take a the president up on his offer to extend the bush tax cuts for everybody under $250,000 and at least take that uncertainty off the table and then continue to negotiate the rest to have later. some of the republicans are now coalessing around that view that they should give into what the president is suggesting, at least temporarily, and continue to negotiate on the rest because there's a lot of political pain here for republicans if we do get to the point where we go over the cliff because of those higher tax rate pateryers, guys. >> all right, eamon. thank you. >> the talk continues, but none of it face to face. be sure to c
take a listen. >> business owners with us today are here to highlight president obama's demand to raise tax rates instead of cutting spending. his plan will hurt nearly 1 million small businesses around our country. that will affect hundreds of thousands of jobs. >> reporter: and guys, there are republicans here on capitol hill who are urging the speaker to cut a deal with the president. i talked to one of the earliest republicans to say, you know what, let's take a the president up...
167
167
Dec 5, 2012
12/12
by
FOXNEWSW
tv
eye 167
favorite 0
quote 0
touting higher taxes today at a business roundtable. small businesses say the hikes he wants will kill jobs but at least one big business ain't buying it. here is what the fedex c.e.o. says, there is a lost mythology in washington, dc such as small business creates all the jobs in the united states, and if you raise the rates on the top 2 percent you kill jobs. the reality is the vast majority of jobs in the united states are produced by capital investment, in equipment, and software, that is not done by small business. try telling that to the owner of an auto mall on long island. small business owner, what do you think when you hear a big guy, big business guy like the fedex c.e.o. say i am not worried. >>guest: i disagree with fred smith. first of all, if you take the top 100 fortune 500 companies and added all their capital investment together, it would not, you would not scratch the surface compared to the capital investment, almost 18 million small businesses invest in each year. so, fred smith believes in what the government has t
touting higher taxes today at a business roundtable. small businesses say the hikes he wants will kill jobs but at least one big business ain't buying it. here is what the fedex c.e.o. says, there is a lost mythology in washington, dc such as small business creates all the jobs in the united states, and if you raise the rates on the top 2 percent you kill jobs. the reality is the vast majority of jobs in the united states are produced by capital investment, in equipment, and software, that is...
130
130
Dec 5, 2012
12/12
by
CSPAN2
tv
eye 130
favorite 0
quote 1
that's why we see so many business people, including small business people, standing at president obama's side saying it's good for business to give the middle class their tax breaks. what are these republicans thinking over there? if i told you, if we're having an argument, that i'll give you 98% of what you want and you walk away from me, i say you're unreasonable. who gets 98% of what they want? no one in an argument. usually meet each other halfway, 50-50. we are giving the republicans 98% of what they want on the tax cuts, but they are holding the 98% hostage for their friends, the coch brothers, sheldon adderson, the billionaires. you know, that's wrong, and we had an election about it. this is a country of, by and for the people, not of, by and for the billionaires. and i am going to say to my republican friends -- and they are my friends. i have served with them for a long time. i have worked with them. what are you thinking? what are you doing? let me tell you one of the things they offered in their package. this is outrageous. they want to raise the age of medicare by two years.
that's why we see so many business people, including small business people, standing at president obama's side saying it's good for business to give the middle class their tax breaks. what are these republicans thinking over there? if i told you, if we're having an argument, that i'll give you 98% of what you want and you walk away from me, i say you're unreasonable. who gets 98% of what they want? no one in an argument. usually meet each other halfway, 50-50. we are giving the republicans 98%...
23
23
tv
eye 23
favorite 0
quote 0
so why is this guy so busy buying republicans well put yourself in his place democrats typically do things for the vast majority the people on employment insurance social security medicare keep our food supplies safe for unions that sort of outside of petty crime stuff like congressman jefferson and wrangle work used up that you know we don't shill for big corporate interests or fat cat billionaires have been pretty much the part of the people pretty much since their founding over two hundred years ago but republicans eagerly do things for whoever pays them the biggest bucks for example every single republican freshman in the last congress denies there's such a thing as global warming why because the fossil fuel industry the second richest industry in the world will give a lot of money to any member of congress who denies global climate change similarly the republicans are lockstep against banking regulations why the industry that passes out the largest amount of cash here in washington d.c. is you've got it the banking industry and republicans are in favor of so-called free trade and so-c
so why is this guy so busy buying republicans well put yourself in his place democrats typically do things for the vast majority the people on employment insurance social security medicare keep our food supplies safe for unions that sort of outside of petty crime stuff like congressman jefferson and wrangle work used up that you know we don't shill for big corporate interests or fat cat billionaires have been pretty much the part of the people pretty much since their founding over two hundred...
108
108
Dec 5, 2012
12/12
by
CNBC
tv
eye 108
favorite 0
quote 0
we have mohammed alaryn, the ceos of zulu, you have barack obama, the president of the world bank. it's an incredible people. becky quick is one of them that's on there. just writing content that's really important for people in business around the world. >> obviously this must translate at some point into a user, keeping the user, either engaged longer or bringing them in. i mean, how does that work? because it's got to connect. i applaud putting the right content in front of the right people but at the same time it's a business, right? >> right. >> how does that work? if you're coming in, sharing it with your boss, sending it to someone you want to deal with, this is a conversation starter. it's great for linked-in, great for the business world in general to have this comment. get insight from people, 187 million people. they're never going to connect with richard branson in real life. they can read what richard branson's top tips are for starting a business and they can think about how they're going to start their own business and they got that from linked-in. >> my question is
we have mohammed alaryn, the ceos of zulu, you have barack obama, the president of the world bank. it's an incredible people. becky quick is one of them that's on there. just writing content that's really important for people in business around the world. >> obviously this must translate at some point into a user, keeping the user, either engaged longer or bringing them in. i mean, how does that work? because it's got to connect. i applaud putting the right content in front of the right...
147
147
Dec 4, 2012
12/12
by
CSPAN
tv
eye 147
favorite 0
quote 0
they would pay higher rates that president obama is proposing. it would be a direct hit on job creation. and over and talk about raising tax rates at the top, it is not because we are worried about whether the rich can buy an extra vote. we are worried about their ability to invest in the economy. host: let's hear from mary in topeka, kansas. caller: i had a couple of comments. and then maybe let them answer. one, a republican, but i guess i'm not a very loyal one because at this point, between the republicans and the democrats, i am totally fed up with what comes across on the national news. both sides seem to be spinning the truth into lies for their own political gain. we need a solution that is not 25 years away. but i do not know how it is going to be done when the president -- and as far as i can see, he has not even sat down for a talk that lasts more than an hour or so. he has other people doing is talking and expects the republicans to try to make a deal. you cannot make a deal with a third party and then have a first party reject everyt
they would pay higher rates that president obama is proposing. it would be a direct hit on job creation. and over and talk about raising tax rates at the top, it is not because we are worried about whether the rich can buy an extra vote. we are worried about their ability to invest in the economy. host: let's hear from mary in topeka, kansas. caller: i had a couple of comments. and then maybe let them answer. one, a republican, but i guess i'm not a very loyal one because at this point, between...
124
124
Nov 30, 2012
11/12
by
CSPAN
tv
eye 124
favorite 0
quote 0
president obama has made it clear that his preference is to raise taxes on families and businesses, but that plan won't fix our national debt. it won't improve the economy. instead, congress should focus on tax reform and real significant spending reductions. the american people have chosen divided government, and with that comes a responsibility for us to work together and to fix the pro-our nation faces. i -- the problem our nation faces. i ask my colleagues to help resolve this fiscal crisis and do what's best for the american people. thank you. the speaker pro tempore: the gentleman's time has expired. for what purpose does the gentleman from pennsylvania seek recognition? >> i ask unanimous consent to address the house for one minute. the speaker pro tempore: the gentleman from pennsylvania is recognized for one minute. mr. altmire: mr. speaker, many of the challenges congress will face during the ongoing negotiations over the fiscal cliff is whether or not to renew the wind production tax credit which expires at the end of this year. investing in renewable energy is creating new j
president obama has made it clear that his preference is to raise taxes on families and businesses, but that plan won't fix our national debt. it won't improve the economy. instead, congress should focus on tax reform and real significant spending reductions. the american people have chosen divided government, and with that comes a responsibility for us to work together and to fix the pro-our nation faces. i -- the problem our nation faces. i ask my colleagues to help resolve this fiscal crisis...